Arkolith/Funds/North Dakota State Investment Board

North Dakota State Investment Board

CIK 2064039
Holdings as of Jun 30, 2026·disclosed Aug 4, 2026·~35-day 13F lag·13F-HR
Active Filer

North Dakota State Investment Board holds a diversified book of 826 reported positions worth $2.5B as of Q2 2026 (disclosed Aug 4, 2026, a ~35-day 13F lag). This quarter they opened Ishares Core U.S. Aggregate and trimmed Ishares Broad Usd Investment. Their largest long position is Nvidia Corp at 6% of the reported non-option book. Cloning the disclosed picks since 2026 would be +8% (+14.5%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+8.4%
+14.5%/yr · since Feb '26
Their reported book
+6.5%
held from quarter-end
S&P 500
+13.3%
same window
$9K$10K$10K$11K$12KFeb '26Mar '26May '26Jun '26Jul '26Sep '26
North Dakota State Investment Board (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 1.8 points over this window.

Growth of $10,000 cloning North Dakota State Investment Board's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~35 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
25%
Top 10 holdings
37%
Top 20 holdings
48%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

85% mapped to company sectors

Information Technology
36%
ETFs / funds
15%
Financials
10%
Industrials
9%
Consumer Discretionary
9%
Health Care
7%
Materials
3%
Utilities
2%

+4 sectors below the cut, 7% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as North Dakota State Investment Board

Manager / fundShared namesTheir $ in those
Prospect Hill Management, LLC13 / 80$251.6M
Swiss Re Ltd71 / 80$1.1B
Uhlmann Price Securities, LLC56 / 80$2.5B
New World Advisors LLC63 / 80$542.0M
Hoey Investments, Inc70 / 80$711.6M
Greenbrier Partners Capital Management, LLC8 / 80$1.2B
Oriental Harbor Investment Master Fund10 / 80$1.5B
Draper Asset Management, LLC11 / 80$177.4M

Ranked by the share of each fund's own book sitting in the names it shares with North Dakota State Investment Board: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

826 positions
#SecurityValueShares% PortLast moveHistory
1Nvidia Corporation
COM
$137.6M687.7K
5.6%
+1.4%
Added · +10K sh
2Ishares TR
CORE S&P500 ETF
$134.6M179.7K
5.5%
+60%
Added · +67K sh
3Ishares TR
IBOXX INV CP ETF
$127.4M1.17M
5.2%
+5.1%
Added · +56K sh
4Apple Inc
COM
$123.3M426.2K
5.0%
+0.9%
Added · +4K sh
5Microsoft Corp
COM
$81.7M219.1K
3.3%
+1.9%
Added · +4K sh
6Ishares TR
USD INV GRDE ETF
$76.9M1.50M
3.1%
−71%
Reduced · −3.7M sh
7Amazon Com Inc
COM
$68.2M286.0K
2.8%
+2.9%
Added · +8K sh
8Alphabet Inc
CAP STK CL A
$61.4M171.8K
2.5%
+2.0%
Added · +3K sh
9Broadcom Inc
COM
$51.9M137.3K
2.1%
+2.6%
Added · +4K sh
10Alphabet Inc
CAP STK CL C
$49.5M140.2K
2.0%
+2.2%
Added · +3K sh
11Micron Technology Inc
COM
$38.4M33.2K
1.6%
+2.6%
Added · +848 sh
12Meta Platforms Inc
CL A
$36.6M64.9K
1.5%
+2.6%
Added · +2K sh
13Tesla Inc
COM
$36.2M86.1K
1.5%
+5.3%
Added · +4K sh
14Eli Lilly & Co
COM
$28.2M23.5K
1.1%
+1.4%
Added · +325 sh
15Advanced Micro Devices Inc
COM
$27.8M47.9K
1.1%
+2.6%
Added · +1K sh
16Berkshire Hathaway Inc Del
CL B NEW
$27.4M54.8K
1.1%
+2.6%
Added · +1K sh
17JPMorgan Chase & Co
COM
$25.8M78.8K
1.0%
+0.1%
Added · +102 sh
18Intel Corp
COM
$18.1M129.3K
0.7%
+1.1%
Added · +1K sh
19Johnson & Johnson
COM
$18.0M71.0K
0.7%
+1.9%
Added · +1K sh
20Applied Matls Inc
COM
$16.9M23.4K
0.7%
+0.6%
Added · +134 sh
21Exxon Mobil Corp
COM
$16.8M122.7K
0.7%
+0.2%
Added · +268 sh
22Visa Inc
COM CL A
$16.7M48.7K
0.7%
−0.2%
Reduced · −94 sh
23Lam Research Corp
COM NEW
$16.0M36.8K
0.6%
+1.3%
Added · +462 sh
24Ishares TR
ISHS 1-5YR INVS
$15.6M297.3K
0.6%
−11%
Reduced · −38K sh
25Walmart Inc
COM
$14.7M129.4K
0.6%
+2.6%
Added · +3K sh
26Caterpillar Inc
COM
$14.3M13.4K
0.6%
−0.2%
Reduced · −28 sh
27Cisco Sys Inc
COM
$14.1M119.9K
0.6%
+1.8%
Added · +2K sh
28Abbvie Inc
COM
$13.1M52.2K
0.5%
+1.7%
Added · +863 sh
29Mastercard Incorporated
CL A
$12.3M23.9K
0.5%
+2.6%
Added · +611 sh
30Costco Wholesale Corporation
COM
$12.3M13.1K
0.5%
+2.0%
Added · +263 sh
31Unitedhealth Group Inc
COM
$12.2M29.3K
0.5%
+11%
Added · +3K sh
32Kla Corp
COM NEW
$11.6M38.6K
0.5%
10×
Added · +35K sh
33Ge Aerospace
COM NEW
$11.4M30.4K
0.5%
+1.0%
Added · +309 sh
34Bank America Corp
COM
$11.1M195.3K
0.5%
+1.4%
Added · +3K sh
35Home Depot Inc
COM
$10.4M29.6K
0.4%
+2.6%
Added · +756 sh
36Procter & Gamble Co
COM
$10.1M68.7K
0.4%
+1.0%
Added · +683 sh
37Sandisk Corp
COM
$9.7M4.3K
0.4%
+8.8%
Added · +346 sh
38Coca Cola Co
COM
$9.4M115.6K
0.4%
+2.6%
Added · +3K sh
39Merck & Co Inc
COM
$9.4M72.9K
0.4%
−0.1%
Reduced · −80 sh
40Ge Vernova Inc
COM
$9.3M7.9K
0.4%
+0.1%
Added · +8 sh
41Chevron Corporation
COM
$9.1M54.7K
0.4%
+0.7%
Added · +393 sh
42SPDR Series Trust
STATE STREET SPD
$9.1M311.9K
0.4%
−71%
Reduced · −777K sh
43Netflix Inc.
COM
$8.8M123.7K
0.4%
+0.7%
Added · +902 sh
44Goldman Sachs Group Inc
COM
$8.6M8.5K
0.3%
−0.1%
Reduced · −12 sh
45Philip Morris Intl Inc
COM
$8.4M46.3K
0.3%
+2.6%
Added · +1K sh
46Western Digital Corp
COM
$8.4M13.1K
0.3%
−21%
Reduced · −4K sh
47Palo Alto Networks Inc
COM
$8.1M23.8K
0.3%
+5.6%
Added · +1K sh
48Texas Instrs Inc
COM
$8.1M27.0K
0.3%
+2.6%
Added · +690 sh
49International Business Machs
COM
$7.8M27.7K
0.3%
+2.6%
Added · +707 sh
50Marvell Technology Inc
COM
$7.7M25.7K
0.3%
+2.7%
Added · +673 sh
Showing 50 of 826 positions
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Filing history

As-of date vs the date the SEC received each filing

$2.7B · Q4 2025Q4 2025 · $2.7BQ2 2026 · $2.5B

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 4, 202635d826$2.5B13F-HR
Q1 2026Mar 31, 2026May 8, 202638d752$2.3B13F-HR
Q4 2025Dec 31, 2025Feb 5, 202636d826$2.7B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.